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1200 COUNTY-CITY BUILDING <br />227 W. JEFFERSON BOULEVARD <br />SOUTH BEND, INDIANA 46601-1830 <br />PHONE 574/ 235-9371 <br />FAx 574/235-9021 <br />TDD 574/ 235-5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY ~ ECONOMIC DEVELOPMENT <br />SHARON T. 1{ENDALL <br />EXECUTIVE DIRECTOR <br />TAX ABATEMENT REPOR T <br />TO: SOUTH BEND COMMON COUNCIL <br />FROM: BOB MATHIA <br />SUBJECT: PERSONAL PROPERTY TAX ABATEMENT PETITION FOR: <br />MCCORMICK & COMPANY <br />3425 WEST LATHROP DRIVE <br />DATE: May 5, 2006 <br />On May 5, 2006, a petition for personal property tax abatement consideration for property located at <br />3425 West Lathrop Drive was filed with the City Clerk by McCormick & Company. Pursuant to Chapter <br />2, Article 6, Section 2-77 of the Municipal Code of the City of South Bend, this petition was referred to <br />the Department of Community and Economic Development for purposes of investigation and preparation <br />of a report determining whether the area qualifies as an Economic Revitalization Area pursuant to <br />I.C.6-1.1-12.1 and whether all zoning requirements have been met. <br />The Department of Community and Economic Development has reviewed the petition (a copy of <br />which is attached), investigated the area and makes the following report. <br />PROJECT SUMMARY <br />The project will invest $14.9 million of capital and $2.3 million of one-time expenses to <br />consolidate McCormick's manufacturing of U.S. condiment products into the South Bend facility. To <br />accommodate the new production volume, all finished goods storage will be moved to a third party <br />logistics firm, making room for the new ketchup process and packaging room. The current ketchup room <br />will be renovated, and house jelly and salad dressing process and packaging lines. The large pouch filler <br />area will be reconfigured to fit one additional filler. Increased numbers in the workforce (38) require <br />employee amenities (locker rooms, lunch room, restrooms) areas and front offices to be reconstructed <br />COMMUNITY DEVELOPMENT' ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM <br />PAMELA C. MEYER DONALD E. INKS MANAGEMENT <br />574/235-9660 574/235-9371 ELIZABETH LEONARD <br />EAX: 574/235-9697 5741235-9371 <br />